Israeli cyber startup Zero Networks raises $55 million in private funding

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Israeli cyber security startup Zero Networks said on Tuesday it raised $55 million in a mid-stage private funding round, bringing funds raised to date to more than $100 million.

It said that since its last funding round in late 2023, revenue has grown 300%, although it did not provide exact figures. Founded in 2019, the company added that its customer base has tripled, driven by its technology to prevent ransomware and other cyber attacks.

The round was led by Highland Europe, with participation from existing investors F2 Venture Capital, PICO…



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Israeli cyber startup Zero Networks raises $55 million in private funding


Israeli cyber security startup Zero Networks said on Tuesday it raised $55 million in a mid-stage private funding round, bringing funds raised to date to more than $100 million.

It said that since its last funding round in late 2023, revenue has grown 300%, although it did not provide exact figures. Founded in 2019, the company added that its customer base has tripled, driven by its technology to prevent ransomware and other cyber attacks.

The round was led by Highland Europe, with participation from existing investors F2 Venture Capital, PICO…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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